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2018-04-12 08:47:28

TEUM

Pareteum

$2.29

-0.1012 (-4.23%)

08:47

04/12/18

04/12

08:47

04/12/18

08:47

Pareteum awarded $1M 3-year global cloud agreement

Pareteum announced that a U.S. Wireless Internet Service Provider focused on bringing mobile and broadband services to consumers has chosen the Pareteum Global Cloud platform to manage and connect these services. The 3-year contract is for $1M. Under the terms of the contract Pareteum will be paid ongoing monthly fees for the subscribers and will also receive fees for any usage associated with the connections which could include wireless airtime.